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ContraryTrader
Jun 16, 2021 3:39 AM
SE (rejected breakout)
Short
NYSE:SE
1D
Sea Limited
NYSE
Description
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Jun 16, 2021 3:39 AM
Consolidation breakout rejected. Broke trendline support (greenline).
Fib levels shown.
a Drop below 248.20 is a double top
Trend Lines
Comments
CharisChr
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Jun 17, 2021 3:12 PM
hello , thank you for sharing , pls explain my why you say that the breadown got rejected ?
ContraryTrader
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Jun 17, 2021 3:17 PM
@CharisChr
Its not makingn new highs since Feb. look for a move above Feb high for a true breakout.
CharisChr
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Jun 17, 2021 3:22 PM
@ContraryTrader
, i see that you mean ! thank you , keep up the good work !
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